Viewing profile — racont

Reddit discussion on this topic: https://www.reddit.com/r/privacy/comments/cje7vg/dont_use_pu...

And how do you fill them?

The founder made his start facilitating real money trading (sometimes against ToS) in online games via sites like lewt.com and d2legit.com: https://www.bitrated.com/jespow . I'd sa…

Auditors sell trust. If an auditor says that the company has $XX in their bank, you're more likely to believe the company. If an auditor is found to lie, you get Arthur Anderson. I…

Bitfinexed is interesting. They remind me of Marc Cohodes, who often uncovers fraud but lacks the diligence to back up his claims and lacks the prose to convey his findings precise…

It's basically the opportunity cost of being able to trade quickly (xc->bank->xc would take 10+ business days) versus the risk of having co-mingled funds in an unregulated exchange…

I don't equate Randian with "anti-reg". Rand speaks of an ethos of personal accountability versus one that hides their crimes behind a facade of claimed social norms. It's not an i…

NP@NYT summarized a long-standing Twitter discussion - he's put in little to no independent work on the story. Tether has claimed to have audited bank statements from the start. To…